Alpha Operating Profit Margin vs Pretax Profit Margin Analysis

APT Stock  USD 5.50  0.10  1.79%   
Alpha Pro financial indicator trend analysis is way more than just evaluating Alpha Pro Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Pro Tech is a good investment. Please check the relationship between Alpha Pro Operating Profit Margin and its Pretax Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Pro Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Operating Profit Margin vs Pretax Profit Margin

Operating Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Pro Tech Operating Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have totally related.
The correlation between Alpha Pro's Operating Profit Margin and Pretax Profit Margin is 0.99. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Alpha Pro Tech, assuming nothing else is changed. The correlation between historical values of Alpha Pro's Operating Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of Alpha Pro Tech are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Operating Profit Margin i.e., Alpha Pro's Operating Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Profit Margin

Pretax Profit Margin

Most indicators from Alpha Pro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Pro Tech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Pro Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Tax Provision is likely to gain to about 1.6 M in 2025, whereas Selling General Administrative is likely to drop slightly above 12.8 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit21.7M22.8M26.3M18.0M
Total Revenue62.0M61.2M70.4M44.1M

Alpha Pro fundamental ratios Correlations

0.680.280.311.00.930.63-0.860.92-0.190.960.95-0.420.960.66-0.63-0.570.940.870.730.91-0.30.810.821.00.5
0.680.380.070.660.710.34-0.480.46-0.190.680.71-0.020.70.39-0.31-0.280.520.80.240.630.160.650.840.66-0.14
0.280.380.70.240.15-0.32-0.490.310.570.410.230.360.430.55-0.28-0.220.210.2-0.060.32-0.310.470.110.280.03
0.310.070.70.260.320.17-0.470.360.760.480.320.410.470.43-0.37-0.450.450.3-0.020.28-0.440.670.190.30.62
1.00.660.240.260.920.62-0.860.92-0.230.940.94-0.470.950.66-0.63-0.550.920.840.760.92-0.30.760.791.00.48
0.930.710.150.320.920.77-0.710.83-0.210.910.99-0.240.90.53-0.64-0.650.90.950.570.78-0.240.880.930.90.56
0.630.34-0.320.170.620.77-0.390.51-0.190.620.7-0.220.60.14-0.41-0.530.760.70.40.55-0.060.620.780.60.6
-0.86-0.48-0.49-0.47-0.86-0.71-0.39-0.87-0.07-0.91-0.750.34-0.92-0.710.630.54-0.81-0.6-0.67-0.840.4-0.67-0.56-0.88-0.47
0.920.460.310.360.920.830.51-0.87-0.220.880.9-0.370.870.66-0.81-0.710.840.680.710.82-0.630.690.610.910.61
-0.19-0.190.570.76-0.23-0.21-0.19-0.07-0.220.0-0.250.540.010.120.220.12-0.03-0.16-0.36-0.120.040.22-0.2-0.170.17
0.960.680.410.480.940.910.62-0.910.880.00.92-0.241.00.64-0.64-0.610.910.840.580.87-0.30.870.820.950.52
0.950.710.230.320.940.990.7-0.750.9-0.250.92-0.240.910.56-0.72-0.70.890.910.590.81-0.360.850.880.920.55
-0.42-0.020.360.41-0.47-0.24-0.220.34-0.370.54-0.24-0.24-0.26-0.190.01-0.14-0.37-0.2-0.77-0.45-0.080.03-0.11-0.47-0.13
0.960.70.430.470.950.90.6-0.920.870.011.00.91-0.260.66-0.63-0.590.920.850.60.89-0.290.870.810.960.49
0.660.390.550.430.660.530.14-0.710.660.120.640.56-0.190.66-0.5-0.420.610.460.570.61-0.320.540.390.680.32
-0.63-0.31-0.28-0.37-0.63-0.64-0.410.63-0.810.22-0.64-0.720.01-0.63-0.50.96-0.59-0.5-0.47-0.530.79-0.54-0.48-0.59-0.5
-0.57-0.28-0.22-0.45-0.55-0.65-0.530.54-0.710.12-0.61-0.7-0.14-0.59-0.420.96-0.6-0.54-0.36-0.440.71-0.61-0.54-0.51-0.57
0.940.520.210.450.920.90.76-0.810.84-0.030.910.89-0.370.920.61-0.59-0.60.840.670.88-0.290.850.780.930.66
0.870.80.20.30.840.950.7-0.60.68-0.160.840.91-0.20.850.46-0.5-0.540.840.470.72-0.050.910.940.830.41
0.730.24-0.06-0.020.760.570.4-0.670.71-0.360.580.59-0.770.60.57-0.47-0.360.670.470.7-0.210.340.390.760.39
0.910.630.320.280.920.780.55-0.840.82-0.120.870.81-0.450.890.61-0.53-0.440.880.720.7-0.220.680.70.930.35
-0.30.16-0.31-0.44-0.3-0.24-0.060.4-0.630.04-0.3-0.36-0.08-0.29-0.320.790.71-0.29-0.05-0.21-0.22-0.230.03-0.27-0.56
0.810.650.470.670.760.880.62-0.670.690.220.870.850.030.870.54-0.54-0.610.850.910.340.68-0.230.820.780.59
0.820.840.110.190.790.930.78-0.560.61-0.20.820.88-0.110.810.39-0.48-0.540.780.940.390.70.030.820.780.29
1.00.660.280.31.00.90.6-0.880.91-0.170.950.92-0.470.960.68-0.59-0.510.930.830.760.93-0.270.780.780.48
0.5-0.140.030.620.480.560.6-0.470.610.170.520.55-0.130.490.32-0.5-0.570.660.410.390.35-0.560.590.290.48
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Alpha Pro Account Relationship Matchups

Alpha Pro fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets68.8M67.9M64.8M68.8M79.1M83.0M
Short Long Term Debt Total3.6M2.7M1.8M4.8M5.6M5.9M
Other Current Liab3.7M367K(66K)1.1M1.3M1.2M
Total Current Liabilities5.9M2.7M2.4M2.6M3.0M2.8M
Total Stockholder Equity60.0M62.6M60.8M61.6M70.8M74.3M
Property Plant And Equipment Net7.9M8.7M7.5M10.4M12.0M12.6M
Net Debt(19.7M)(13.6M)(14.5M)(15.5M)(14.0M)(13.3M)
Retained Earnings59.5M62.5M62.1M46.6M53.5M56.2M
Accounts Payable2.0M528K674K802K721.8K820.1K
Cash23.3M16.3M16.3M20.4M23.4M24.6M
Non Current Assets Total13.5M14.9M12.2M15.7M18.1M19.0M
Non Currrent Assets Other(211K)(791K)(764K)(442K)(397.8K)(417.7K)
Cash And Short Term Investments23.3M16.3M16.3M20.4M23.4M24.6M
Net Receivables9.0M4.8M7.0M6.5M7.5M5.1M
Common Stock Shares Outstanding14.0M13.5M12.8M11.9M10.7M16.3M
Liabilities And Stockholders Equity68.8M67.9M64.8M68.8M79.1M83.0M
Non Current Liabilities Total2.9M2.6M1.6M4.6M5.3M5.6M
Inventory16.7M25.0M24.4M20.1M23.2M12.6M
Other Current Assets6.1M6.9M4.9M6.0M6.9M7.3M
Other Stockholder Equity409K132K(1.5M)16.3M14.7M15.5M
Total Liab8.8M5.3M4.0M7.2M8.3M8.7M
Property Plant And Equipment Gross7.9M8.7M7.5M24.0M27.6M28.9M
Total Current Assets55.3M53.0M52.6M53.1M61.0M64.1M
Short Term Debt1.7M1.8M1.8M661K760.2K853.4K
Intangible Assets11K7K3K1K900.0855.0
Property Plant Equipment3.9M4.4M8.7M5.7M6.6M4.1M
Net Tangible Assets33.2M60.0M62.6M60.7M69.8M45.0M
Retained Earnings Total Equity29.4M32.4M59.5M62.1M71.4M75.0M
Long Term Investments5.5M6.1M4.7M5.2M6.0M4.4M
Other Liab224K211K791K764K687.6K605.7K
Net Invested Capital60.0M62.6M60.8M61.6M70.8M53.7M

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